COINOTAG recommends • Exchange signup |
💹 Trade with pro tools |
Fast execution, robust charts, clean risk controls. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🚀 Smooth orders, clear control |
Advanced order types and market depth in one view. |
👉 Create account → |
COINOTAG recommends • Exchange signup |
📈 Clarity in volatile markets |
Plan entries & exits, manage positions with discipline. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
⚡ Speed, depth, reliability |
Execute confidently when timing matters. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🧭 A focused workflow for traders |
Alerts, watchlists, and a repeatable process. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
✅ Data‑driven decisions |
Focus on process—not noise. |
👉 Sign up → |
- Time is running out for the U.S. Securities and Exchange Commission (SEC). There is only one week left to question Grayscale Investments’ significant court victory.
- They can either invoke the U.S. Supreme Court by requesting a judicial decision or summon the Appeals Court for a comprehensive “en banc” review.
- Sam Kerbage, President of Hashdex, expects that the SEC may encourage Grayscale to reapply and believes that the stage is set for rejection for different reasons.
Time is ticking for the U.S. Securities and Exchange Commission (SEC); what are the possibilities and potential scenarios for appealing the decision?
The SEC’s Time Is Running Out: Tick Tock!

Time is ticking for the U.S. Securities and Exchange Commission (SEC). They have only one week left to challenge Grayscale Investments’ major court victory, and tensions are high. The Commission’s decision may not only shape Grayscale’s fate but also pave the way for spot Bitcoin ETFs.
The recent decision by the DC Court of Appeals shed light on the SEC’s conflicting stances. While approving Grayscale’s transition from Grayscale Bitcoin Trust (GBTC) to an ETF, it criticized the Commission for simultaneously greenlighting Bitcoin futures ETFs. Labeling the SEC’s actions as inconsistent would be an understatement.
COINOTAG recommends • Professional traders group |
💎 Join a professional trading community |
Work with senior traders, research‑backed setups, and risk‑first frameworks. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
📊 Transparent performance, real process |
Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing. |
👉 Get access → |
COINOTAG recommends • Professional traders group |
🧭 Research → Plan → Execute |
Daily levels, watchlists, and post‑trade reviews to build consistency. |
👉 Join now → |
COINOTAG recommends • Professional traders group |
🛡️ Risk comes first |
Sizing methods, invalidation rules, and R‑multiples baked into every plan. |
👉 Start today → |
COINOTAG recommends • Professional traders group |
🧠 Learn the “why” behind each trade |
Live breakdowns, playbooks, and framework‑first education. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
🚀 Insider • APEX • INNER CIRCLE |
Choose the depth you need—tools, coaching, and member rooms. |
👉 Explore tiers → |
Now, the ball is in the SEC’s court, quite literally. Their countdown to October 13 includes several potential moves. They could call upon the U.S. Supreme Court to request a judicial review, or they could summon the Appeals Court for a comprehensive “en banc” review.
Pantera Capital, in its latest communication to investors, downplayed the likelihood of Supreme Court intervention, citing that the case lacks sufficient legal weight. On the other hand, analysts at Compass Point Research & Trading expressed doubts about the acceptance chances of an “en banc” review. And if industry murmurs are to be believed, the SEC might altogether ignore the appeal.
COINOTAG recommends • Exchange signup |
📈 Clear interface, precise orders |
Sharp entries & exits with actionable alerts. |
👉 Create free account → |
COINOTAG recommends • Exchange signup |
🧠 Smarter tools. Better decisions. |
Depth analytics and risk features in one view. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
🎯 Take control of entries & exits |
Set alerts, define stops, execute consistently. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🛠️ From idea to execution |
Turn setups into plans with practical order types. |
👉 Join now → |
COINOTAG recommends • Exchange signup |
📋 Trade your plan |
Watchlists and routing that support focus. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
📊 Precision without the noise |
Data‑first workflows for active traders. |
👉 Sign up → |
Possible Outcomes and Their Implications
Even if the SEC withdraws from a direct appeal, they can continue to use their bureaucratic powers in subtler ways. They might attempt to bypass an explicit need for an appeal by rejecting Grayscale’s proposal for reasons other than those previously stated. Such an approach would echo the Ripple story, dramatically altering the digital asset landscape.
However, not everyone sees doom and gloom. Sam Kerbage, President of Hashdex, expects the SEC to encourage Grayscale to reapply, setting the stage for another rejection for different reasons.
COINOTAG recommends • Traders club |
⚡ Futures with discipline |
Defined R:R, pre‑set invalidation, execution checklists. |
👉 Join the club → |
COINOTAG recommends • Traders club |
🎯 Spot strategies that compound |
Momentum & accumulation frameworks managed with clear risk. |
👉 Get access → |
COINOTAG recommends • Traders club |
🏛️ APEX tier for serious traders |
Deep dives, analyst Q&A, and accountability sprints. |
👉 Explore APEX → |
COINOTAG recommends • Traders club |
📈 Real‑time market structure |
Key levels, liquidity zones, and actionable context. |
👉 Join now → |
COINOTAG recommends • Traders club |
🔔 Smart alerts, not noise |
Context‑rich notifications tied to plans and risk—never hype. |
👉 Get access → |
COINOTAG recommends • Traders club |
🤝 Peer review & coaching |
Hands‑on feedback that sharpens execution and risk control. |
👉 Join the club → |
Revisiting the proposal would initiate another exhausting 240-day review marathon. Ark Invest’s ETF decision is due on January 10, and other giant firms like BlackRock will line up shortly thereafter, making the clock even more critical.
Galaxy Digital’s research guru, Alex Thorn, suggests that January could be a turning point, with cards revealing either an approval or an outright rejection. A rejection could lead to chaos and speculative trading frenzies in the market. On the other hand, approval could signal a flood of traditional financial capital into the markets.
Spot Bitcoin ETFs: An Inevitable Horizon
Regardless of the SEC’s maneuvers or market reactions, there is a general consensus that spot Bitcoin ETFs will become a reality in the American financial world in the near future. Bloomberg Intelligence analysts pegged the likelihood of ETF approval by the end of 2024 at a surprising 95%.
However, let’s not kid ourselves. Given the SEC’s history of skepticism and foot-dragging in the crypto space, nothing is guaranteed. Nevertheless, as Joel Kruger from LMAX Group put it, the momentum of crypto is undeniable. As crypto awareness infiltrates public consciousness and regulatory frameworks evolve, the value proposition becomes increasingly apparent.
COINOTAG recommends • Exchange signup |
📈 Clear control for futures |
Sizing, stops, and scenario planning tools. |
👉 Open futures account → |
COINOTAG recommends • Exchange signup |
🧩 Structure your futures trades |
Define entries & exits with advanced orders. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
🛡️ Control volatility |
Automate alerts and manage positions with discipline. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
⚙️ Execution you can rely on |
Fast routing and meaningful depth insights. |
👉 Create account → |
COINOTAG recommends • Exchange signup |
📒 Plan. Execute. Review. |
Frameworks for consistent decision‑making. |
👉 Join now → |
COINOTAG recommends • Exchange signup |
🧩 Choose clarity over complexity |
Actionable, pro‑grade tools—no fluff. |
👉 Open account → |
In conclusion, the near future may be filled with uncertainties and potential bureaucratic wrangling, but the bigger narrative is crystal clear. Crypto, with its irresistible momentum, is here to stay. The only question is whether the SEC will swim against the current or be carried along.
COINOTAG recommends • Members‑only research |
📌 Curated setups, clearly explained |
Entry, invalidation, targets, and R:R defined before execution. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧠 Data‑led decision making |
Technical + flow + context synthesized into actionable plans. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
🧱 Consistency over hype |
Repeatable rules, realistic expectations, and a calmer mindset. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🕒 Patience is an edge |
Wait for confirmation and manage risk with checklists. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
💼 Professional mentorship |
Guidance from seasoned traders and structured feedback loops. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧮 Track • Review • Improve |
Documented PnL tracking and post‑mortems to accelerate learning. |
👉 Join now → |